Are you an Equity Bank customer looking for easy ways to repay your loan? Equity provides a range of hassle-free loan repayment options tailored to your convenience, with the understanding that servicing your loans should be a straightforward and user-friendly process.
Here’s a breakdown of how you can easily and conveniently repay your loan:
Equitel STK (SIM Toolkit)
- Access the Equitel STK menu.
- Navigate to “My Money” and select “Eazzy Loan.”
- Opt for either partial or full payment.
- Choose your desired account.
- Input your PIN.
- Select the specific loan for repayment.
- Enter the partial payment amount if applicable.
- Confirm your payment details.
USSD – Dial *247#
- Dial *247#.
- Select “Borrow” and then “Pay Loan.”
- Pick the loan you intend to repay.
- Specify whether you’re making a partial or full payment.
- Enter the partial payment amount if applicable.
- Choose the account from which you’ll make the payment.
- Confirm your PIN.
Equity Mobile App/Online
- Launch the Equity Mobile App or access your account online.
- Navigate to the “Borrow” section.
- Select “Pay loan.”
- Pick the account from which you wish to make the payment.
- Choose the specific loan you intend to repay.
- Enter the full loan amount or the partial payment amount.
- Confirm your payment details and proceed with the payment.
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EVA (Equity Virtual Assistant)
- WhatsApp – Save the number 0763 000 000 on your phone and start chatting with EVA or Click https://bit.ly/EquityVirtualAssistant
- Facebook Messenger – Search EquityEva or Click https://facebook.com/EquityEva
- Telegram – Search @Equitychatbot or Click https://bit.ly/EvaTelegramChatbot
- Proceed to the “Borrow” section.
The Significance of Timely Loan Repayments
Here’s why it matters:
- Fostering a Strong Credit Rating: Timely loan repayments show your financial responsibility, contributing to a positive credit history. A favorable credit rating opens doors to better credit terms and higher loan limits in the future.
- Access to Favourable Loan Terms: A robust credit profile enables you to secure loans with lower interest rates, extended repayment periods, and more favorable terms. This translates to savings and reduces financial strain.
- Enhanced Financial Stability: Timely repayments prevent the accrual of additional interest and fees, aiding in maintaining your overall financial stability and keeping you aligned with your financial objectives.
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Easy Loan Access with Equity Bank
Equity Bank goes above and beyond to simplify loan access for its customers, offering a range of hassle-free options to secure loans ranging from Kes 100 to Kes 3 million, all without the need for physical bank visits or guarantors.
These accessible methods include the convenience of dialing *247# available round the clock, the user-friendly Equity Mobile App available for Android and iOS users, seamless loan management through Equitel’s menu for Equitel users, and the flexibility of Equity Online for web-based banking enthusiasts, enabling effortless account access and loan repayments from your computer.
To Download the Equity Mobile App, please use the links below:
Playstore:http://bit.ly/EquitymobileAndroid…
Appstore: http://bit.ly/EquityMobileIOS
or log on to https://equityonline.equitygroupholdings.com
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